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You Are Quoted the Following Market Rates: Spot AUD/CAD   1

Question 614

Multiple Choice

You are quoted the following market rates: Spot AUD/CAD   1.0600 12M (360-day)    AUD 3.40% 12M (360-day)    CAD 1.55% What are the 12-month AUD/CAD forward points?


A) +190
B) -193
C) -192
D) -190

Correct Answer:

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